Category: Crashes

Dow Crashes 550 Points, Erases Weekly Gains in 15 Brutal Minutes
, ,

Dow Crashes 550 Points, Erases Weekly Gains in 15 Brutal Minutes

The Dow crashed more than 600 points, erasing ALL of its hard-fought weekly gains during a brutal 15-minute tailspin. | Source: REUTERS / Brendan McDermidBy CCN Markets: The Dow and broader U.S. stock market plunged anew on Friday after President Trump unleashed a fiery tweetstorm urging American businesses to shift their production domestically and look…

Read More
Dow Crashes as Federal Reserve Goes to War Over Interest Rates
, ,

Dow Crashes as Federal Reserve Goes to War Over Interest Rates

The Dow crashed after the Federal Reserve lowered interest rates, but also revealed an internal war over monetary policy. | Source: REUTERS / Brendan McDermidThe Dow and broader U.S. stock market reversed gains Wednesday after the Federal Reserve initiated its long-awaited interest-rate cut – but not without some dissension.Dow Plunges; S&P 500, Nasdaq FollowAll three…

Read More
Monero Crashes 40% Along July but Long-Term Uptrend Remains Strong
, ,

Monero Crashes 40% Along July but Long-Term Uptrend Remains Strong

Monero dumped significantly but is still bullish long-term. Additionally, the dev team has made privacy improvements over the years. | Source: ShutterstockOn June 23, Monero posted a 2019 high of $121.12. At that point, the privacy token was up by over 194 percent for the year. Unfortunately, the six-month run was met by heavy selling.…

Read More